The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

According to the statement obtained by Channels Television, Saudi Arabia, Russia, and six other members of the oil-producing countries will implement a production adjustment of 411,000 barrels a day ...

Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...

Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic uncertainty due to tariff measures, lower-than-recent oil prices and cuts ...

The Rescue Board (Päästeamet) has neutralized corroded metal barrels discovered on Saaremaa several years ago and which were ...

U.S. crude oil prices have fallen more than 20% since Trump took office, to below $65 per barrel, making it unprofitable for many companies to drill.

According to the World Bank, Nigeria accounts for 19 per cent of the share of poverty in Sub-Saharan Africa, followed by Congo, Ethiopia and Sudan with 14 per cent, nine per cent and six per cent, ...

Witness an incredible transformation as worn-out oil drums are recycled into everyday utensils. In this behind-the-scenes look, we follow the step-by-step process where old metal barrels are cleaned, ...

Troops of 6 Division Nigerian Army have arrested 23 suspected oil thieves and recovered over 67,000 litres of stolen petroleum products In a major operation against oil theft in the Niger Delta region ...

The Nigerian Army has intensified its crackdown on oil theft and related criminal activities in the Niger Delta Region (NDR) ...

Production is 7% higher than a year ago and double in the last seven years Colombia announced that it produced an average of 1.01 million barrels of oil per day in January, marking the first time ...

Global crude oil prices have surged past the $65 per barrel mark, marking a notable recovery for Brent and Nigerian oil blends from an early April dip. Tracked by Brent, crude oil in early April ...